Press release
Extended Stay Hotel Market to Witness Massive Growth from 2022 to 2030 | 6.0% Of CAGR
The Global Extended Stay Hotel Market Accounted For US$ 16028.72 Million In 2022 And Is Estimated To Be US$ 28524.60 Million By 2030 And Is Anticipated To Register A CAGR Of 6.0%.Extended Stay Hotel Market Overview:
Global "Extended Stay Hotel Market" 2022-2030 report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Extended Stay Hotel Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Extended Stay Hotel market size, potential growth, trends and expansion strategies followed by top prominent players.
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The tourism industry continues to thrive with the rise of participants in travel and outdoor recreation and activities. The tourism industry and the hospital are closely related, so with the increase in the number of tourists in the tourism industry, growth in the hospitality industry is expected afterwards. Therefore, the hospitality sector is always trying to come up with new and innovative ideas about accommodation.
The accommodation plays an important role, therefore, accommodation providers should plan and design accommodation based on various factors such as space, comfort, utilities, water, electricity, environmental guidelines, passenger safety, etc.
The extended hotels are a good example of the development of the accommodation and hospitality industry. Extended stay hotels are very different from hotels and offer a unique experience of accommodation to travelers. Also, the main features of long stay hotels are very flexible compared to hotel stays. As a result, hotels have become increasingly popular among travelers.
Some of the key players profiled in the study are
Hilton Worldwide, Hyatt Hotel, Choice Hotels International, InterContinental Hotels Group (IHG), Marriott International, Wyndham Hotel Group, Holiday Inn., Extended Stay America, Candlewood Suits, Oyo rooms, Orange Hotel, 7 Days Inn, Ibis, and Others.
Extended Stay Hotel Market Segmentation:
By Type:
Economic Type Extended Stay Hotel
Middle Type Extended Stay Hotel
Luxury Type Extended Stay Hotel
Other
By Applications:
Travelers
Business Customers
Trainers and Trainees
Government and Army Staff
Others
Region Included are: North America, Europe, Asia Pacific, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia, and New Zealand, etc.
Each year millions of students and workers travel US in search of job opportunities or study in institutes. Some of them also travel for corporate project or for academic programs. So, there is a substantial rise for temporary migrants in USA. As they visit for a specific period they search for a provisional mode of residence.
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Table of Content of Extended Stay Hotel Market:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Covid-19 Impact On Extended Stay Hotel Market
5. Extended Stay Hotel Market Overview, By Segmentation, 2017 - 2030 (USD Million)(Volume)
6. Extended Stay Hotel Market Overview, By Geography, 2017 - 2030 (USD Million)
7. North America Extended Stay Hotel Market Overview, By Countries, 2017 - 2030 (USD Million)(Volume)
8. Europe Extended Stay Hotel Market Overview, By Countries, 2017 - 2030 (USD Million)
9. Asia Pacific Extended Stay Hotel Market Overview, By Countries, 2017 - 2030 (USD Million)
10. Middle East & Africa Extended Stay Hotel Market Overview, By Countries, 2017 - 2030 (USD Million)
11. South America Extended Stay Hotel Market Overview, By Countries, 2017 - 2030 (USD Million)
12. Competitive Landscape
13. Key Vendor Analysis
14. Extended Stay Hotel Market Cost Analysis
15. Industrial Chain, Sourcing Strategy and Downstream Buyers
16. Marketing Strategy Analysis, Distributors/Traders
17. Market Effect Factors Analysis
18. Future Outlook of the Market
Read Detailed Index of full Research Study at@
https://www.contrivedatuminsights.com/product-report/extended-stay-hotel-market-insights-2019-global-and-chinese-analysis-and-forecast-to-2024-5960/
FAQs-
1. What is the CAGR of Extended Stay Hotel market?
2. What are the key types of Extended Stay Hotel market?
3. What are the key applications of Extended Stay Hotel market?
4. Who are the key players in Extended Stay Hotel market?
Related Source: https://www.digitaljournal.com/pr/global-extended-stay-hotel-market-is-expected-to-grow-at-a-cagr-of-6-during-forecast-period
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Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.
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